After long time consolidation NSE:PETRONET is ready to make upside move. As per my analysis, best level to take entry is 204.50, can hold stock till target of 211 & 224.50 . Stop loss will be 190. Note: This is my personal analysis, only for learning. Thanks.
Inverted head and shoulders chart pattern on 2 hours time frame.
Petronet forming inverse Head & Shoulder Pattern Above 230 TGT 234-235-240++ in very short term keeping on radar petronet 230 CE.
as per my view petronet lng ltd., will down and move upwards again!!! Step to Success by happy trading!!
hey guys , PETRONET stock has shown signs of bullish movement this stock was moving in a fixed downtrend , and first also , this stock has crossed it's resistance , but was not able to stand there for a long time , and it lead to BULL TRAP for traders , and after that , this stock has again crossed it's resistance, and now retested. There are several...
PetronetLNG showing bearish pattern (M-pattern) on daily chart intraday target 210-208. Sell on rise for better RR.
this stock is expected to touch the upper line , purely indicator based , exit the trade once the line get touched .
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
after completing 3rd wave at 230 stock has corrected to 215 and end of 4th down wave . Now buy for a target of 238,40 44. with a stop of 213.80 for 5th wave target.
Short term Channel breakout with good momentum In weekly it seems H & S formation.once break 245 expecting good Bull rally All levels marked for education purpose only
petronet breaks descending trend line with a bullish candle
Nifty in downtrend but petronet LNG is uptrend. Risky trade - Petronet LNG taking resistance of downtrend trend line as well as 200 EMA. Good risk reward ration for shorting.
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Expecting it to move upside if it crosses mentioned line. #intraday
Hi, trader how are Let's make money together. MYX:PCHEM
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It shows reversal with heavy volume from 52 weeks low...!! This can give a good upside rally. Buying suggested from current levels for short term.